20VC: The Future For Autonomous Vehicles & How Software Is Eating Cars with Nikhil Basu Trivedi, Investor @ Shasta Ventures

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The Twenty Minute VC

Finance, Venturecapital, Tech News, News, Siliconvalley, Technology, Investing, Startups, Business

4.4 • 637 Ratings

🗓️ 1 June 2016

⏱️ 28 minutes

🔗️ Recording | iTunes | RSS

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Summary

Nikhil Basu Trivedi is an early stage investor with Shasta Ventures, where he focuses on consumer, mobile and SaaS. Prior to joining Shasta, Nikhil was a member of the Insight Venture Partners team in NYC. Before making the move into venture, Nikhil co-founded Artsy in his sophomore year at Princeton University, Artsy now employs over 100 people and has raised over $50m in venture financing. One of Nikhil's main passions is self driving cars and so today's show will be centred around the proliferation of autonomous vehicles and what that means for us as a society?

In Today’s Episode You Will Learn:

1.) How did Nikhil come to be a VC in SF having spent his early years in the UK?

2.) Why is Nikhil so excited about self-driving cars? What is the enabler that is allowing this mass rise of the autonomous vehicle?

3.) What happens in a world of little mechanical engineering at all, where repairs can be achieved with software updates? How does this change the complexity of production? How does this change what the supply chain might look like? How does this change the capital structure required?

4.)How does the rise of the autonomous vehicles effect the sharing economy? Is Nikhil bullish on Lyft, Uber, Didi? With on demand, when will we reach a point of equilibrium when the supply of drivers that gets drawn in and the price that attracts consumers will be equivalent?

5.) Who is the leader, is this a winner take all, will the acquisition of GM and Cruise mean a dominance? Who has Nikhil been impressed by?

Items Mentioned In Today’s Episode:

Nikhil’s Fave Book: Leading by Sir Alex Ferguson and Michael Moritz

Nikhil’s Fave Blog: Mattermark Daily, CB Insights

Nikhil’s Most Recent Investment: Tally

As always you can follow The Twenty Minute VC, Harry and Nikhil on Twitter here!

If you would like to see a more colourful side to Harry with many a mojito session, you can follow him on Instagram here!

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Transcript

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0:00.0	I am your host, Harry Stebbings, and you're listening to the 20-minute VC. For anyone who wants a
0:04.7	backstage look at the operation of the 20-minute VC, then you can follow me on Snapchat at H. Stebbings.
0:10.4	However, to stay show, and as you remember, we analyse the rise of big data with Matt Turk on Monday.
0:16.5	Well, today I'm delighted to be joined by Nikiel Basut Trevedvedi investor Shasta, where he focuses on consumer, mobile and SaaS.
0:24.2	And prior to joining Shasta, Nickeel was a member of the Insight Venture Partners team in New York.
0:28.8	Before making the move into venture, Nickele co-founded Artsy in his sophomore year at Princeton University at the age of 19.
0:36.1	Artsy now employs over 100 people and has raised over
0:39.0	$50 million in venture financing. Before Nicol joins us in the Hot Seat's Day, and in the theme of
0:44.6	cars, did you know that men are twice as likely to fall asleep while driving as women? Well, that is a sign
0:50.2	that you need a leased mattress, which allow you to sleep with ease. Why? Well, first there's the
0:55.1	element of feeling good about the purchase, as for every 10 mattresses sold, Lisa gives one to a shelter.
1:00.8	They also plant one tree for every mattress they sell in partnership with the Arbor Day Foundation.
1:05.5	Then there's a big element of price and assurance, as Lisa have no physical stores so they can
1:10.6	pass on those cost savings
1:12.0	to you, the consumer, and they also have a 100-night trial, so you can really test out the
1:16.8	mattress and ensure that it's the right one for you. So check it out by heading over to
1:20.9	Lisa.com forward slash VC and enter the promo code VC-75 at checkout for an incredible $75 off.
1:28.5	That's L-E-E-E-S-A.com forward-slash VC.
1:32.2	I'd also like to say a huge thank you to Tiffany Jong at Binary Capital
1:35.5	for making the introduction between me and Nicol today.
1:38.0	Very grateful for that.
1:39.5	However, it's now time for me to shut up and to hand over the mic to nickle at shasta.
	...

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